From Nasdaq: 2024-07-30 18:00:06

In the quarter ending June 2024, Microsoft reported revenue of $64.73 billion, up 15.2% year-over-year, with an EPS of $2.95 compared to $2.69. The reported revenue surpassed the Zacks Consensus Estimate by 0.84%, and EPS was 1.72% higher than analysts’ estimates.

Key metrics for Microsoft in the recent quarter show growth in Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. Revenue numbers for each segment exceeded estimates, showcasing a positive outlook for the company’s financial performance.

Shares of Microsoft have declined -6.6% over the past month, with a Zacks Rank #3 indicating expected performance in line with the market. The company’s reported metrics highlight strong revenue growth in various segments, offering insights to investors for informed decision-making.

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Read more at Nasdaq: Microsoft (MSFT) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates